Allcargo Logistics News, Corporate filings and Earnings/Conference Calls

Warehousing & Logistics company Allcargo Logistics announced Q1FY27 results Standalone Financial Highlights: Revenue from Operations: For Q1FY27, the company reported revenue of Rs 546 crore, representing a QoQ growth of 6.23% from Rs 514 crore in Q4FY26 and a YoY increase of 11.20% from Rs 491 crore in Q1FY26. Other Income: Other income stood at Rs 14 crore in Q1FY27, showing a QoQ increase of 75% from Rs 8 crore in Q4FY26 and a YoY growth of 180% from Rs 5 crore in Q1FY26. Total Income: The total income for Q1FY27 was Rs 560 crore, up 7.28% QoQ from Rs 522 crore in Q4FY26 and up 12.90% YoY from Rs 496 crore in Q1FY26. Profit Before Tax: The company recorded a profit before tax of Rs 19 crore in Q1FY27, compared to Rs 15 crore in Q4FY26, reflecting a QoQ increase of 26.67%. On a YoY basis, this is a turnaround from a loss before tax of Rs 6 crore in Q1FY26. Profit for the Period: Net profit for Q1FY27 was Rs 14 crore, a QoQ decrease of 26.32% from Rs 19 crore in Q4FY26. However, this marks a turnaround on a YoY basis from a net loss of Rs 9 crore in Q1FY26. Total Comprehensive Income: Total comprehensive income for Q1FY27 stood at Rs 14 crore, showing a QoQ decline of 30% from Rs 20 crore in Q4FY26 and a turnaround from a loss of Rs 9 crore in Q1FY26. Consolidated Financial Highlights: Revenue from Operations: Consolidated revenue for Q1FY27 was Rs 546 crore, up 6.23% QoQ from Rs 514 crore in Q4FY26 and up 11.20% YoY from Rs 491 crore in Q1FY26. Other Income: The company reported other income of Rs 14 crore in Q1FY27, reflecting a QoQ increase of 27.27% from Rs 11 crore in Q4FY26 and a YoY increase of 180% from Rs 5 crore in Q1FY26. Total Income: Total consolidated income for Q1FY27 stood at Rs 560 crore, a QoQ growth of 6.67% from Rs 525 crore in Q4FY26 and a YoY growth of 12.90% from Rs 496 crore in Q1FY26. Profit Before Tax: Consolidated profit before tax for Q1FY27 reached Rs 19 crore, an increase of 18.75% QoQ from Rs 16 crore in Q4FY26 and a turnaround from a loss of Rs 6 crore in Q1FY26. Profit for the Period: Consolidated profit after tax for Q1FY27 was Rs 14 crore, down 30% QoQ from Rs 20 crore in Q4FY26, but a turnaround from a consolidated loss of Rs 9 crore in Q1FY26. Total Comprehensive Income: The total comprehensive income for Q1FY27 was Rs 14 crore, compared to Rs 20 crore in Q4FY26 (a 30% QoQ decrease) and a loss of Rs 9 crore in Q1FY26 (YoY turnaround). Business Highlights: Leadership Transition: The Board accepted the resignation of Mr. Shashi Kiran Shetty (Founder and Chairman) as Director and Chairman effective August 5, 2026. Mr. Dinesh Kumar Lal was appointed as the new Chairman of the Board effective the same date. Corporate Restructuring: The company has given effect to a composite scheme of arrangement involving the demerger of the international supply chain (ISC) business to Allcargo Global Limited and the merger of domestic supply chain entities (ASCPL and GESCPL) into Allcargo Gati Limited (AGL), which subsequently merged with the holding company. Business Discontinuation: Allcargo is in the process of discontinuing its fuel stations business. During the period, the sale of the Bangalore fuel station was completed for Rs 2.52 crore, resulting in a loss of Rs 0.1 crore. Income Tax Demand: Following a search by Income-tax authorities, an assessment order was passed on June 30, 2026, raising a demand of Rs 5.61 crore. The company has paid Rs 1.21 crore on behalf of Allcargo Global Limited and filed an appeal against the remaining demand of Rs 4.40 crore. Ketan Kulkarni, Managing Director and Chief Executive Officer, Allcargo Logistics, said: "Our Q1FY27 performance reflects the strength of disciplined execution across our businesses. Beyond achieving our highest-ever quarterly revenue in both express distribution and contract logistics, what is particularly encouraging is that this growth has been driven by a healthy combination of higher shipment volumes, stronger customer relationships and sustained operational improvements. Over the past few quarters, we have invested significant effort in building customer service quality through a more personalised account management approach. Our service equation-led pricing approach improved yields during the quarter, while over 99% service quality adherence has resulted in a strong customer retention rate. We have also expanded our footprint across diverse industry sectors. At the same time, we are progressively leveraging AI-driven analytics and data-led decision-making to enhance demand forecasting, optimise network planning, improve shipment visibility and enable faster, more informed operational decisions across our logistics network. Continuous network optimisation, improved routing efficiencies, disciplined cost management and better asset utilisation have strengthened our operating leverage and profitability. Going forward, we will continue to accelerate the use of AI, digital technologies and data intelligence across our operations and build a more agile and resilient supply chain. We remain focused on delivering consistent service quality, expanding customer partnerships and driving profitable growth through disciplined execution while driving long-term value creation." Result PDF

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Allcargo Logistics News, Corporate filings and Earnings/Conference Calls

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